Financial Performance - For the first half of 2024, the company reported total revenue of approximately RMB 37.4 million, an increase of 60.1% compared to RMB 23.4 million in the same period last year[3]. - Gross profit decreased by 54.5% to RMB 2.9 million from RMB 6.5 million, indicating challenges in maintaining profitability despite revenue growth[3]. - The net loss for the period increased by 14.2% to RMB 3.7 million from RMB 3.3 million, indicating ongoing financial challenges despite revenue growth[6]. - The group reported a loss attributable to owners of the company of RMB 3,748 thousand for the six months ended June 30, 2024, compared to a loss of RMB 3,281 thousand in 2023, reflecting an increase in losses of approximately 14.3%[23]. - The basic loss per share for the six months ended June 30, 2024, was RMB (0.03), compared to RMB (0.02) for the same period in 2023[40]. Revenue and Expenses - The cost of sales rose by 103.9% to RMB 34.5 million from RMB 16.9 million, attributed to the increase in revenue, particularly in memory and hard disk drive sales[5]. - Sales and marketing expenses surged by 614.0% to RMB 9.6 million from RMB 1.3 million, primarily due to increased employee benefits and promotional costs related to the new gaming business team[5]. - Administrative expenses increased by 33.3% to RMB 18.6 million from RMB 13.9 million, mainly due to higher inventory provisions[5]. - Research and development expenses rose by 9.5% to RMB 24.0 million from RMB 21.9 million, reflecting increased investment in gaming business development[6]. - The adjusted EBITDA for the same period was RMB (32,830,000) (unaudited), a significant decline from RMB 508,000 in 2023[8]. Assets and Equity - As of June 30, 2024, the company's total equity was RMB 576.2 million, down from RMB 590.3 million as of December 31, 2023, primarily due to fair value changes in equity investments[9]. - The company's net current assets decreased to RMB 375.4 million as of June 30, 2024, from RMB 390.2 million as of December 31, 2023, attributed to increased investments[9]. - Cash and cash equivalents totaled RMB 129.3 million as of June 30, 2024, down from RMB 195.9 million as of December 31, 2023, mainly due to increased investments[10]. - The total assets decreased to RMB 629,243 thousand as of June 30, 2024, from RMB 655,765 thousand as of December 31, 2023, a decline of about 4.0%[24]. Investments and Future Plans - The group plans to apply for regulatory licenses for financial services to diversify its business, specifically for Type 4 (advising on securities) and Type 9 (asset management) activities[22]. - The group aims to stabilize and increase gaming revenue while developing its electronic devices and semiconductor business to ensure healthy cash flow[22]. - The company holds a significant investment in Beijing Share Era Technology Co., Ltd., with an investment cost of RMB 4,000,000 and a fair value of RMB 58,291,000, representing 8.85% ownership[16]. Governance and Compliance - The Audit and Compliance Committee consists of three independent non-executive directors, with Mr. Huang Zhi Jian serving as the chairman, ensuring compliance with listing rules[49]. - The company has adhered to the corporate governance code principles, except for the combined role of the Chairman and CEO, which the board believes ensures leadership consistency[47]. - The board will continue to monitor and review the company's corporate governance practices to align with statutory requirements and professional standards[47]. - The company has not taken out insurance to cover potential legal actions against its directors as of the announcement date[47]. Market and Operational Risks - The group faces risks including industry policy and regulatory changes, market saturation, and competition in the gaming sector[21]. - The group intends to strictly control budgets and reduce operating costs to enhance management efficiency and diversify income within controllable risk limits[22].

Investment Transactions - The company has made several transactions involving the acquisition and sale of listed securities, including Coinbase shares, with a total cost of approximately $0.31 million (equivalent to about HKD 2.43 million) for the fiscal year ending December 31, 2023[2]. - The company sold shares of Huiwei Intelligent, with a total cost of approximately RMB 0.92 million (equivalent to about HKD 1.01 million), during the fiscal year ending December 31, 2023[15]. - The company acquired and sold Palantir shares, with a total cost of approximately $1.48 million (equivalent to about HKD 11.54 million) as of December 29, 2023[15]. - The company conducted transactions involving NVIDIA shares, with a total cost of approximately $0.34 million (equivalent to about HKD 2.65 million) for the six months ending June 30, 2024[16]. - The company has not disclosed the identities of the counterparties involved in the transactions, confirming that they are independent third parties[10]. - The company sold 996,000 shares of Huaiwei Intelligent Technology Co., Ltd. for a total consideration of RMB 8,763,159.27, resulting in a profit of RMB 795,159.27[51]. - The company conducted multiple transactions involving Palantir shares, acquiring a total of 56,000 shares for USD 796,320 on June 22, 2023, and selling 52,000 shares for USD 832,000 on July 14, 2023, realizing a profit of USD 47,450.55[56]. - The company engaged in several transactions involving NVIDIA shares, acquiring 200 shares for USD 180,000 on April 19, 2024, and selling 400 shares for USD 366,000 on May 17, 2024, with a profit of USD 31,157.06[79]. Financial Performance - Palantir's revenue for the year ended December 31, 2022, was $1,905,871 thousand, an increase of 23.5% from $1,541,889 thousand in 2021[31]. - Palantir reported a net loss of $371,094 thousand for the year ended December 31, 2022, compared to a net loss of $520,379 thousand in 2021, reflecting a 28.7% improvement[31]. - Nvidia's total assets as of January 28, 2024, were approximately $42,978 million, up from $22,101 million as of January 19, 2023, indicating a significant growth[36]. - For the fiscal year ending January 28, 2024, NVIDIA reported revenues of USD 60.92 billion, a significant increase from USD 26.97 billion in the previous year[60]. - The company’s net income for the fiscal year ending January 28, 2024, was USD 29.76 million, compared to USD 4.37 million in the previous year[60]. - Coinbase's revenue for the year ended December 31, 2022, was $3,194,208 thousand, a decrease of 56.5% from $7,354,753 thousand in 2021[45]. - Coinbase reported a net loss of $2,624,949 thousand for the year ended December 31, 2022, compared to a net profit of $3,624,120 thousand in 2021[45]. - Huawai Intelligent's revenue for the year ended December 31, 2022, was RMB 418.88 million, a slight decrease from RMB 439.99 million in 2021[50]. - The net profit after tax for Huawai Intelligent for the year ended December 31, 2022, was RMB 24.53 million, down from RMB 28.82 million in 2021[50]. Share Price Information - The share price of Huiwei Intelligent ranged from RMB 8.11 to RMB 8.81 during the fiscal year ending December 31, 2023[15]. - The share price of Palantir ranged from $14.22 to $21.00 as of December 29, 2023[15]. - The share price of NVIDIA ranged from $822.04 to $1,038.29 as of May 29, 2024[16]. - As of December 31, 2023, the company held 100,000 shares of Palantir Technologies Inc. with a total cost of approximately USD 1.48 million, with share prices ranging from USD 14.22 to USD 21[53]. Strategic Focus and Outlook - The company’s strategic focus includes expanding its investments in technology firms like Palantir and NVIDIA to enhance its portfolio and market position[62]. - The board holds a positive view on the financial performance and future prospects of Coinbase, Huaiwei Technology, Palantir, and NVIDIA, believing that public share offerings present an attractive investment opportunity[81]. Trading Profits and Oversight - The group confirmed profits from trading in Coinbase shares amounting to approximately $0.04 million (around HKD 0.31 million), Huaiwei shares at approximately RMB 0.92 million (around HKD 1.01 million), Palantir shares at approximately $0.23 million (around HKD 1.79 million), and NVIDIA shares at approximately $0.34 million (around HKD 2.65 million)[82]. - The trading profits are utilized for general operating funds[82]. - The company did not promptly announce certain transactions exceeding 5% as required by listing rules, due to oversight by the investment department[82]. - The investment department is exploring securities investment as a relatively new area, which may have contributed to the oversight regarding internal control requirements[82].

Financial Performance - The Group recorded revenue of approximately RMB 60.2 million for the year ended December 31, 2023, representing a decrease of 47.3% compared to the previous year[19]. - The gross profit for the year was RMB 9.04 million, an increase from RMB 5.77 million in 2022[13]. - The Group reported a loss of approximately RMB 17.6 million for the year, an improvement from a loss of RMB 20.1 million in 2022[19]. - The Group's EBITDA for the year was RMB 9.67 million, a significant increase from RMB 0.8 million in 2022[13]. - As of December 31, 2023, the Company had distributable reserves of approximately RMB 590.2 million, down from RMB 643.1 million as of December 31, 2022[40]. - The Board does not recommend the payment of any final dividend for the year ended December 31, 2023[37]. Assets and Equity - Non-current assets decreased to RMB 201.3 million in 2023 from RMB 267.3 million in 2022[16]. - Total assets decreased to RMB 655.8 million in 2023 from RMB 724.0 million in 2022[16]. - Total equity decreased to RMB 590.3 million in 2023 from RMB 643.2 million in 2022[16]. Business Strategy and Outlook - Management is confident that operating revenues, particularly in the gaming business, will grow significantly in 2024 and beyond[19]. - The Group continues to invest in online gaming, mobile gaming, and electronic device trading businesses[19]. - The Group aims to significantly increase operating revenue, particularly from the gaming business, in 2024 and beyond[20]. - The Group plans to strengthen internal management, improve efficiency, and reduce costs while actively expanding its business[23]. - The Group will increase the proportion of its gaming business and incorporate new technologies such as AI to enhance product quality and technical standards[23]. - The Group is committed to optimizing its business structure and promoting business expansion in the gaming field for sustainable development[23]. Challenges and Risks - The Group continues to face challenges from geopolitical tensions, international trade frictions, and fluctuations in demand in the economic environment[22]. - The Company faces risks if the PRC government finds that the underlying agreements do not comply with PRC laws, which could lead to severe penalties or loss of operational interests[144]. - The effectiveness of the Contractual Arrangements in providing operational control may not be equivalent to direct ownership, posing additional risks[148]. - The Group's reliance on PRC Operational Entities for critical services poses a risk; any breach or termination of service agreements could materially affect the Group's financial condition and operations[161]. Corporate Governance - There were changes in the board of directors, with Mr. Cui Yuzhi appointed as CEO on December 8, 2023[62]. - The appointment of directors is effective for an initial term of three years, renewable for another three years[70]. - The company has received written confirmations of independence from all Independent Non-executive Directors[72]. - There were no provisions for pre-emptive rights under the Articles or Cayman Islands laws[60]. Shareholding Structure - Managecorp Limited held approximately 20.06% of the ordinary shares, totaling 29,437,335 shares[81]. - Foga Group was the beneficial owner of 21,673,338 ordinary shares, representing approximately 14.77%[81]. - Wang Dongfeng holds 21,673,338 ordinary shares, representing approximately 14.77% of the total shareholding[83]. - Foga Holdings owns 7,763,997 ordinary shares, accounting for about 5.29% of the total shareholding[83]. - KongZhong Corporation holds 10,202,168 ordinary shares, representing around 6.95% of the total shareholding[85]. - China Create Capital Limited owns 9,584,000 ordinary shares, accounting for approximately 6.53% of the total shareholding[87]. - Baseway Co Ltd has a beneficial ownership of 9,614,760 ordinary shares, which is about 6.55% of the total shareholding[87]. - GU Wei holds 3,073,000 ordinary shares, representing approximately 2.09% of the total shareholding[87]. - Foga Internet Development owns 7,785,700 ordinary shares, accounting for about 5.31% of the total shareholding[83]. Related Party Transactions - During the year ended December 31, 2023, no related party transactions constituted a connected transaction as per the Listing Rules[2]. - The Company made a full impairment loss of RMB 15,750,000 related to a loan agreement for the year ended December 31, 2020[3]. - The company agreed to a settlement amount of RMB 4 million to reduce losses from a loan recovery effort, which was paid by KongZhong Youyi on December 8, 2023[100]. - The settlement was negotiated based on the likelihood of loan recovery and estimated legal costs, with the directors considering the terms fair and reasonable[100]. Employment and Remuneration - As of December 31, 2023, the Group had 58 full-time employees, with remuneration policies based on individual performance and regularly reviewed[190]. - The Group's remuneration includes salaries, bonuses, and allowances, with competitive packages offered to Directors[190]. - The Restricted Share Unit (RSU) Scheme allows for the grant of up to 11,290,494 Shares, representing 9% of the number of Shares in issue on the Listing Date[200]. - The RSU Scheme was approved on September 1, 2013, and aims to reward participants for their contributions to the Group's success[200]. - The Group has adopted the RSU Scheme as a long-term incentive plan for Directors and employees[194].

Financial Performance - For the fiscal year ending December 31, 2023, the company reported total revenue of approximately RMB 60.2 million, a decrease of 47.3% compared to RMB 114.1 million in the previous year[10] - The company's gaming business generated revenue of RMB 12.7 million, down approximately 13.8% from RMB 14.7 million in the previous year, primarily due to two games entering the mature stage of their lifecycle[13] - Revenue from the electronic equipment and semiconductor business decreased by approximately 52.2%, from RMB 99.4 million to RMB 47.5 million, attributed to a continuous decline in hard disk market prices[13] - Total revenue decreased to RMB 51.1 million for the year ended December 31, 2023, a reduction of approximately 52.8% from RMB 108.3 million for the year ended December 31, 2022[14] - The group reported a net loss attributable to owners of the company of RMB 17,617 thousand for 2023, slightly improved from a loss of RMB 20,107 thousand in 2022[38] - The company incurred a loss of approximately RMB 17.6 million for the year, a 12.4% improvement from a loss of RMB 20.1 million in the previous year[10] - Adjusted EBITDA for 2023 was RMB (3,909) thousand, compared to RMB 323 thousand in 2022, indicating a significant decline[51] - The company reported a net loss before tax of RMB (17,615) thousand for 2023, an improvement from RMB (20,282) thousand in 2022[51] Profitability and Expenses - The company's gross profit increased by 56.6% to RMB 9.0 million, despite the overall revenue decline[10] - Sales and marketing expenses increased by approximately 158.9% to RMB 9.0 million for the year ended December 31, 2023, up from RMB 3.5 million for the year ended December 31, 2022, primarily due to the establishment of a new gaming business team[14] - Administrative expenses decreased by approximately 12.5% to RMB 27.2 million for the year ended December 31, 2023, down from RMB 31.1 million for the year ended December 31, 2022, mainly due to a reduction in inventory provisions[14] - R&D expenses decreased by approximately 15.7% to RMB 26.6 million for the year ended December 31, 2023, compared to RMB 31.6 million for the year ended December 31, 2022, primarily due to the capitalization of expenses in the qualifying development phase[14] - The company recorded a total of RMB 41,704,000 in cost of goods sold for sold inventory in 2023, down from RMB 96,922,000 in 2022[63] Cash Flow and Assets - Cash and cash equivalents totaled RMB 195.9 million as of December 31, 2023, down from RMB 224.6 million as of December 31, 2022, mainly due to increased investments[20] - Non-current assets totaled RMB 201,323 thousand in 2023, down 24.6% from RMB 267,267 thousand in 2022[42] - Current assets decreased slightly to RMB 454,442 thousand in 2023 from RMB 456,750 thousand in 2022[42] - Total assets decreased to RMB 655,765 thousand in 2023, a decline of 9.4% from RMB 724,017 thousand in 2022[44] - The company’s equity decreased to RMB 590,274 thousand in 2023, down 8.2% from RMB 643,207 thousand in 2022[44] Strategic Plans and Future Outlook - The company plans to enhance internal management, improve efficiency, and reduce costs while expanding its gaming business and integrating new technologies such as artificial intelligence[5] - The company aims to optimize its long-term investment channels and business structure to achieve stable and sustainable development in the gaming sector[5] - The management expressed confidence that operating revenue, particularly from gaming, will significantly increase in 2024 and beyond[3] - The group plans to explore new business opportunities and enhance operational efficiency while adapting to industry competition and regulatory pressures in 2024[35] - The group aims to leverage emerging technologies, including artificial intelligence, to create new growth points for its business[35] Employee and Operational Metrics - The group had 58 full-time employees as of December 31, 2023, an increase of 46.2% from 39 employees in 2022[28] - The company’s total employee costs, including salaries and benefits, were RMB 12,372,000 in 2023, compared to RMB 14,326,000 in 2022[63] Risks and Challenges - The group faced significant risks including regulatory changes, revenue decline from existing games, and rapid market shifts from web to mobile gaming[33] Other Financial Metrics - The company reported a significant increase in other income, which rose by 90.5% to RMB 8.1 million, contributing positively to the overall financial performance[10] - Other income increased by approximately 90.5% to RMB 8.1 million for the year ended December 31, 2023, up from RMB 4.2 million for the year ended December 31, 2022, mainly due to increased interest income[14] - The group recognized a share of profit from associates of approximately RMB 4.6 million in 2023, compared to RMB 4.1 million in 2022[38] - The company did not declare or recommend any dividends for 2023, consistent with 2022[64] - The effective tax rate for the company's operations in China is 25%, while the applicable rate for its high-tech enterprise status is 15%[59] Trade and Inventory Metrics - Trade receivables from the electronic equipment and semiconductor business amounted to RMB 63,650,000 in 2023, down from RMB 73,458,000 in 2022, with a provision for impairment of RMB 14,707,000[70] - Inventory of finished goods decreased to RMB 16,245,000 in 2023 from RMB 35,396,000 in 2022, indicating a reduction in stock levels[68] - Total trade receivables decreased from RMB 77,061 thousand in 2022 to RMB 66,352 thousand in 2023, a reduction of 13.5%[71] - Total trade payables increased from RMB 11,399 thousand in 2022 to RMB 11,965 thousand in 2023, an increase of 5.0%[72]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Forgame Holdings Limited 484 二零二二年年報有關之 補充公告 茲提述雲遊控股有限公司（「本公司」）截至二零二二年十二月三十一日止年度之年報（「二 零二二年年報」）。除另有指明者外，本公告所用詞彙與該二零二二年年報所界定者具有 相同涵義。根據上市規則第17.07及17.09條，本公司於二零二二年年報中補充以下與本公 司的首次公開發售前購股權計劃和受限制股份單位計劃有關的額外資訊。 首次公開發售前購股權計劃 (1) 根據上市規則第17.07(1)條作出的披露 根據首次公開發售前購股權計劃，本公司已向本集團董事及僱員授出可認購 6,440,911股股份的購股權。所有根據首次公開發售前購股權計劃授予的購股權於二 零二一年十二月三十一日止年度已歸屬、行使或失效。截至二零二二年十二月三十 一日止年度及計劃屆滿日期，概無購股權尚未行使。 ...

Financial Performance - The Group recorded total revenue of approximately RMB 23.4 million for the first half of 2023, representing a decrease of 32.3% compared to the same period last year[22]. - Gross profit for the period was RMB 6.46 million, an increase of 32.4% from RMB 4.88 million in the previous year[15]. - The Group reported a loss of RMB 3.28 million for the period, compared to a profit of RMB 10.63 million in the same period last year[15]. - The Group's EBITDA for the period was RMB 11.83 million, a decrease of 34.4% from RMB 18.02 million in the previous year[15]. - The Group reported a loss of RMB 3.3 million for the first half of 2023, compared to a profit of RMB 10.6 million in the same period of the previous year[44]. - Total comprehensive loss attributable to the owners of the Company for the period was RMB 29,545,000, compared to a comprehensive income of RMB 20,277,000 in the prior year[144]. - Basic and diluted loss per share was RMB (0.02), compared to earnings per share of RMB 0.07 for the same period in 2022[144]. Revenue Breakdown - Revenue from the game business decreased by approximately 21.0% to RMB 6.3 million, down from RMB 7.9 million in the first half of 2022[38]. - Revenue from the electronic device and semiconductor business decreased by approximately 35.7% to RMB 17.1 million, down from RMB 26.6 million in the same period of 2022[38]. - The Group's total revenue for the first half of 2023 was approximately RMB 23.4 million, a decrease of 32.3% compared to RMB 34.5 million in the same period of 2022[26][33]. Asset and Equity Changes - Non-current assets decreased by 5.3% to RMB 253.15 million as of June 30, 2023, from RMB 267.27 million at the end of 2022[20]. - Current assets decreased by 4.6% to RMB 435.56 million as of June 30, 2023, compared to RMB 456.75 million at the end of 2022[20]. - Total assets decreased by 4.9% to RMB 688.71 million as of June 30, 2023, from RMB 724.02 million at the end of 2022[20]. - Total equity decreased by 4.6% to RMB 613.66 million as of June 30, 2023, compared to RMB 643.21 million at the end of 2022[20]. - Net current assets decreased from RMB 378.4 million as of December 31, 2022, to RMB 362.9 million as of June 30, 2023, due to a decrease in working capital and an increase in investments[54]. Expenses and Cost Management - Cost of revenue decreased by approximately 43.0% to RMB 16.9 million from RMB 29.6 million year-on-year[35]. - Selling and marketing expenses decreased by approximately 33.9% to RMB 1.3 million from RMB 2.0 million in the previous year[36]. - Administrative expenses decreased by approximately 24.3% to RMB 13.9 million from RMB 18.4 million year-on-year[40]. - Research and development expenses rose significantly to RMB 21,916,000, an increase of 83.9% compared to RMB 11,906,000 in the previous year[142]. Cash Flow and Investments - Cash and cash equivalents dropped significantly from RMB 224,623,000 to RMB 146,367,000, a decrease of about 34.8%[149]. - Net cash generated from operating activities for the six months ended June 30, 2023, was RMB 1,065,000, compared to a net cash used of RMB 54,008,000 in the same period of 2022[153]. - Net cash used in investing activities increased to RMB 82,104,000 in the first half of 2023, compared to RMB 29,846,000 in the same period of 2022[153]. - The company reported an increase in interest received from debt investments at fair value through other comprehensive income to RMB 2,963,000, with no such income reported in the same period of 2022[153]. Strategic Initiatives and Future Outlook - The Group is actively exploring new game development and electronic trade products to seek breakthroughs in its business operations[23]. - In the second half of 2023, the Group aims to stabilize and increase game revenue through game upgrades and product potential stimulation[93]. - The Group will maintain healthy cash flow in its electronic device and semiconductor business while controlling budgets and managing costs[93]. - The Group is committed to sustainable development and will actively seek business upgrades and expansions to enhance management levels[94]. Risks and Challenges - The economic recovery remains uneven, with insufficient market demand posing challenges to the Group's business operations[22]. - The Group faces risks related to industry policies and regulatory changes that could impact the online game industry[91]. - The Group is exposed to exchange rate fluctuation risks due to operations involving USD settlements[91]. - The Group's gaming revenue may decline due to changing player preferences and increased competition in the market[92]. Shareholder Information - Managecorp Limited holds 29,437,335 shares, representing approximately 20.06% of the ordinary shares[112]. - Foga Group owns 21,673,338 shares, accounting for 14.77% of the ordinary shares[112]. - LIAO Dong has a beneficial ownership of 7,763,997 shares, which is about 5.29% of the ordinary shares[113]. - China Create Capital Limited holds 9,584,000 shares, representing 6.53% of the ordinary shares[117]. - Baseway Co Ltd owns 9,614,760 shares, accounting for 6.55% of the ordinary shares[117]. Corporate Governance - The Audit and Compliance Committee consists of three independent non-executive Directors, with Mr. Wong Chi Kin as the chairman, who holds the required professional qualifications[124]. - The Audit and Compliance Committee, along with the auditor, reviewed the Group's unaudited interim financial results for the six months ended June 30, 2023[125].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Forgame Holdings Limited 雲 遊 控 股 有 限 公 司 (cid:708)(cid:7148)(cid:19387)(cid:7468)(cid:13780)(cid:4902)(cid:16491)(cid:1978)(cid:6208)(cid:12539)(cid:1147)(cid:7481)(cid:19584)(cid:1948)(cid:2600)(cid:709) （股份代號：484） 截至二零二三年六月三十日止六個月的 中期業績公告 雲遊控股有限公司（「本公司」或「雲遊」）董事（「董事」）會（「董事會」）公佈本公司及其附屬 公司（統稱「本集團」或「我們」）截至二零二三年六月三十日止六個月的未經審核合併中期 業績（「中期業績」）。中期業績乃根據國際會計準則第34號「中期財務報告」編製並經由本 公司核數師中匯安達會計師事務所有限公司按照國際審閱準則第2410號「由 ...

Financial Performance - In 2022, the Group recorded revenue of approximately RMB 114.1 million, representing a decrease of 19.7% compared to the previous year[20]. - The Group reported a loss of approximately RMB 20.1 million for the year, attributed to the payback period of game research and development investment and inventory impairment of trading electronic devices and semiconductors[20]. - Gross profit for the year was RMB 5.8 million, down from RMB 13.6 million in 2021[12]. - The Group's EBITDA for the year was reported at RMB (2.2) million, a significant decline from RMB 32.1 million in 2021[12]. - Adjusted EBITDA for the year was RMB 0.3 million, recovering from a loss of RMB 13.4 million in 2021[12]. Assets and Liabilities - Non-current assets increased to RMB 267.3 million in 2022 from RMB 155.4 million in 2021, reflecting a growth of 72%[16]. - Total assets amounted to RMB 724.0 million, slightly up from RMB 713.4 million in 2021[16]. - Total equity reached RMB 643.2 million, a marginal increase from RMB 636.7 million in the previous year[16]. - Current liabilities rose to RMB 78.3 million in 2022, compared to RMB 71.0 million in 2021, indicating a 1.8% increase[16]. Business Strategy and Investments - The Group continues to invest in online gaming and trading of electronic devices and semiconductors to improve operational efficiency[19]. - The Group plans to strengthen internal management, improve efficiency, and reduce costs in response to ongoing economic challenges[25]. - The Group will increase investment in research and development for the gaming business, incorporating new technologies such as cloud computing, blockchain, and AI to enhance product quality and technical standards[25]. - The Group aims to actively expand its business and develop long-term, stable investment channels while seeking new business directions[25]. Shareholding and Corporate Governance - The Group's distributable reserves as of December 31, 2022, were approximately RMB 643.1 million, with no final dividend proposed for the year[50]. - As of December 31, 2022, Managecorp Limited holds 29,437,335 ordinary shares, representing approximately 20.06% of the total shareholding[86]. - Foga Group is a beneficial owner of 21,673,338 ordinary shares, accounting for about 14.77% of the total shareholding[86]. - Wang Dongfeng, as the founder of the discretionary trust, also holds 21,673,338 ordinary shares, equivalent to 14.77% of the total shareholding[86]. - The Company maintained the required amount of public float under the Listing Rules during the year ended December 31, 2022[63]. Regulatory and Compliance Issues - The Company faces risks if the PRC government determines that the underlying agreements of the Contractual Arrangements do not comply with PRC laws, which could lead to severe penalties or loss of operational interests[148]. - The effectiveness of the Contractual Arrangements in providing operational control may not match that of direct ownership, posing risks if the PRC Operational Entities or their shareholders fail to fulfill their obligations[153]. - There are substantial uncertainties regarding the interpretation and application of PRC laws, which may affect the enforceability of the Contractual Arrangements[139]. - The Group's business operations in China may face enforceability issues under PRC laws, which could complicate the execution of the Contractual Arrangements[169]. Employment and Remuneration - As of December 31, 2022, the Group had 39 full-time employees, with remuneration policies based on individual performance and regularly reviewed[197]. - The remuneration of Directors and the five highest-paid employees is detailed in note 14 to the Financial Statements[198].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部 或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 Forgame Holdings Limited 雲遊控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：00484） 截至二零二二年十二月三十一日止年度的全年業績公告 雲遊控股有限公司（「本公司」或「雲遊」）董事（「董事」）會（「董事會」）謹此宣佈本公 司及其附屬公司（統稱「本集團」或「我們」）截至二零二二年十二月三十一日止年 度之合併全年業績。 股息 董事會不建議就截至二零二二年十二月三十一日止年度派付任何末期股息（二 零二一年：無）。 概覽及展望 概覽 二零二二年，包括新冠疫情反彈、俄烏衝突及其引發的糧食和能源危機、通脹飆 升債務收緊以及氣候緊急狀況等一系列相互影響的嚴重衝擊，導致世界經濟遭 ...

Financial Performance - Revenue for the six months ended June 30, 2022, was RMB 34,509,000, a decrease of 62.9% compared to RMB 93,002,000 in the same period of 2021[14] - Gross profit for the same period was RMB 4,878,000, down 49.7% from RMB 9,691,000 in 2021[14] - Profit from continuing operations was RMB 10,625,000, representing a decline of 29.7% from RMB 15,104,000 in the previous year[14] - EBITDA for the period increased by 21.8% to RMB 18,019,000, compared to RMB 14,797,000 in 2021[14] - Adjusted EBITDA for the period was RMB 16,370,000, an increase of 81.6% from RMB 9,013,000 in the same period last year[14] - The Group recorded total revenue of approximately RMB34.5 million in the first half of 2022, representing a decrease of 62.9% compared to RMB93.0 million in the same period last year[22] - Revenue from the Group's game business decreased by approximately 15.7% to RMB7.9 million for the six months ended June 30, 2022, down from RMB9.4 million in the same period last year[43] - Revenue generated from the electronic device and semiconductor business decreased by approximately 68.2% to RMB26.6 million for the six months ended June 30, 2022, down from RMB83.6 million in the same period last year[45] - Profit from continuing operations decreased from RMB15.1 million for the six months ended June 30, 2021 to RMB10.6 million for the six months ended June 30, 2022[53] - The decrease in profit was mainly due to the decrease in gross profit[53] Financial Position - Total assets decreased by 1.0% to RMB705.996 million from RMB713.395 million[19] - Total equity increased by 3.2% to RMB656.933 million compared to RMB636.656 million in the previous period[19] - Current liabilities decreased significantly by 37.6% to RMB44.317 million from RMB70.987 million[19] - The Group's net current assets decreased to RMB 443.1 million as of June 30, 2022, down from RMB 487.0 million as of December 31, 2021, due to inventory being transferred to property and equipment[65] - Total cash and cash equivalents decreased to RMB 295.8 million as of June 30, 2022, from RMB 370.3 million as of December 31, 2021, attributed to increased inventories and investments[68] - The Group's bank borrowings remained at RMB 4.0 million, with a gearing ratio of 0.57% as of June 30, 2022, slightly up from 0.55% at the end of 2021[70] - As of June 30, 2022, total equity increased to RMB 656.9 million from RMB 636.7 million as of December 31, 2021, primarily due to profits generated during the period[64] Operational Strategy - The company is focusing on restructuring and optimizing its operations to improve future performance[14] - Management is exploring new market opportunities and potential product innovations to drive growth[14] - The company aims to enhance its competitive position through strategic partnerships and market expansion initiatives[14] - The Group achieved certain results in cost control and recovery of past outstanding loans during the first half of 2022[22] - The management actively reviewed business operations and integrated resources to maintain stability in the online gaming and semiconductor trading businesses[22] - The Group plans to actively develop cloud-games and cloud-storage products in the second half of 2022 while upgrading existing games to maintain stable gaming revenue[110] - The Group will take measures to control receivables risk and actively dispose of inventories to maintain healthy cash flow[110] - The Group's future plans include optimizing business structure and improving management efficiencies with a focus on sustainable development[111] - The company aims to enhance operational capabilities, reduce costs, and recover outstanding loans through commercial and legal means[113] Risks and Challenges - The Group is exposed to risks including exchange rate fluctuations, inventory management issues, and supply chain disruptions in its electronic device and semiconductor business[108] - The Group faces risks from industry policies, revenue declines, and rapid market changes in its traditional online game business[103] Shareholding Structure - As of June 30, 2022, Managecorp Limited holds 29,437,335 ordinary shares, representing approximately 20.06% of the company's shareholding[127] - Foga Group is a beneficial owner of 21,673,338 ordinary shares, accounting for about 14.77% of the total shareholding[127] - LIAO Dong holds 7,763,997 shares, representing approximately 5.29% of the total shareholding[130] - Foga Internet Development Ltd. owns 7,785,700 shares, accounting for about 5.31% of the total shareholding[130] - YANG Tao has a controlled interest in 7,785,700 shares, which is approximately 5.31% of the total shareholding[130] - KongZhong Corporation is a beneficial owner of 10,202,168 shares, representing 6.95% of the total shareholding[130] - Linkedsee Group Limited also holds 10,202,168 shares, accounting for 6.95% of the total shareholding[132] - China Create Capital Limited is a beneficial owner of 9,584,000 shares, which is approximately 6.53% of the total shareholding[135] - Baseway Co Ltd holds 9,614,760 shares, representing about 6.55% of the total shareholding[135] - GU Wei has a controlled interest in 9,614,760 shares, accounting for 6.55% of the total shareholding[135] - The total number of shares held by major shareholders indicates a significant concentration of ownership within the company[130] Corporate Governance - As of June 30, 2022, there were no material litigation liabilities incurred by any director of the company[120] - The company will continue to review and monitor its corporate governance practices to ensure compliance with the Corporate Governance Code[120] - The company estimates limited risk of any material events for which any director shall take significant responsibility in the foreseeable future[120]